Thursday, October 25, 2018

BETFORM - Decentralized Social Betting Platform

Hello everyone in this article I will present an interesting ICO analysis, called BETFORM, based on the following criteria:


Betform mission is to establish ourselves as a top decentralized social betting platform that offer players wide range of multiplayers blockchain games at a maximum degree of convenience, while adhering to the highest security standards in the ecosystem. We are able to do this by connecting blockchains, leveraging on the smart contracts, and payment channels, which works in a completely secure, instantaneous and low-cost manner.


Provably fair gaming
Betform uses a transparent way of generating the outcomes of its games. Our PRNG is tested and certified by a reputable test lab. Players can anytime access and verify all the card games history.

Fun and social
Unlike other online casinos, you are able to join your friends, invite your friends or even joining a table to make new friends when you play in our platform.

Transparency and security
Betform employs the state of the art technology to provide its users highly secure and efficient environment to play their favorite games. The operations are powered by smart contracts. Smart contracts would immediately pay out the winnings after each round of game ended.

Our platform operation is regulated by licensing jurisdiction.

ERC 20 token compliant wallet app
After the ITS, we will develop the Betform wallet which would allow players to easily obtain the Betform Coin, the App will be interlinked with third-party exchanges via their APIs.

Unlimited winnings and winners welcome policy
Successful bettors are often limited or banned by traditional and online casinos. Our business model is built on volumes rather than margins, which means we will always welcome winners!

Quarterly jackpot
At the end of every quarter, our smart contracts will allocate 35% of the month’s earnings as bonus for Texas Tournament and Big 2 Top leaders respectively.

Token burning
At the end of every quarter, our smart contracts will automatically burn 5% of the commission charged. This will result in a decrease of the token supply, driving up the value of the Betform Coin.

Token Sale
  • Token symbol BFC
  • Token price 1 BFC = USD 0.10
  • Total supply 240,000,000
  • Hard cap USD 9,600,000
  • Presale October 2018
  • Open sale January 2019
  • Feb '18: Decision to launch ICO in Singapore by Dec 2018
  • Mar '18: Whitepaper concept finalization
  • Apr '18:
  • Game Development • Sourcing of reputable gaming company
  • Smart Contract • Start of smart contract development
  • May '18:
  • Game Development • Concept finalization and gameplay planning
  • Smart Contract • Development of state channel smart contract
  • Jun '18
  • Game Development • Gameplay finalization & design planning
  • ‍Smart Contract • Development of wallet contract to hold our ERC-20 token
  • ‍Legal Advisory • Whitepaper review by legal consultant
  • Jul '18
  • ‍Smart Contract • Development of wallet contract to hold our ERC-20 token
  • Obtain Legal Opinion
  • Aug '18
  • Game Development • Alpha version ready
  • Smart Contract • Development of crowd sale smart contract
  • Sept '18
  • Game Development • Beta version of APP ready
  • PRNG certification from Testlab
  • ‍Smart Contract • Development of gaming smart contracts
  • Oct '18
  • Game Development • Release candidate for APP version
  • Finalization of development of CMS & webs
  • ‍Incorporation of operation company for gambling license application
  • ICO pre-sale start 1 October 2018
  • Nov '18
  • Game Development • Launching of Lite version in Google and iOS store
  • ‍Smart contract • Finalisation of gaming smart contract development
  • Launching of Bounty program
  • Dec '18
  • Smart contract • All smart contracts are audited
  • Launching of Airdrops program
  • Jan '19
  • ICO Open sale
  • ‍Gambling license application
  • Integration of smart contracts and games
  • Feb '19: Application for listing in cryptocurrency exchanges
  • Mar '19: Target to obtain gambling license
  • ‍To release Full version of game after the license approval
To find out more. You can connect more with BETFORM at the link below:

Bitcointalk username: Aray80

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